[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion]Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao
European natural gas prices continued to rise on October 28th, with the Dutch Transfer of Ownership (TTF) natural gas November futures price, which serves as the benchmark price for European natural gas, breaking through 100 euros per megawatt hour during intraday trading, marking the first time since December 2022. Editor/Cheng Liting
On October 29, 2026, the latest data released by the National Energy Administration showed that in September, 326 million green certificates were issued, a decrease of 8.01% compared to the previous month, involving 4.3971 million renewable energy power generation projects. Editor/Cheng Liting